Property prices for sale in Runanga (West Coast)
The prices in real estate in Runanga, in the West Coast region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Runanga has had a strong decrease during the last 6 months. In November, the average price per m² was $2,878. In the following month the price per m² increased to $3,066. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 300 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1,486 to $4,463 during March, and April.
Based upon to the price in Runanga (suburbs), this has fallen considerably in the last 6 months. The price in November is $364,000, rising in December till $391,000. During the following two months (January, February) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 161 % during the last two months.
